Pan Orient Energy Corp. (CVE:POE) Director Chatchai Yenbamroong Buys 27,600 Shares

Pan Orient Energy Corp. (CVE:POE) Director Chatchai Yenbamroong bought 27,600 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The stock was purchased at an average cost of C$1.42 per share, with a total value of C$39,192.00. Following the completion of the transaction, the director now directly owns 6,183,300 shares in the company, valued at C$8,780,286.

Pan Orient Energy stock traded up C$0.14 during trading on Thursday, hitting C$2.29. The stock had a trading volume of 114,400 shares, compared to its average volume of 18,798. The firm has a market cap of $119.13 million and a PE ratio of -229.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 43.16 and a current ratio of 43.16. Pan Orient Energy Corp. has a 1 year low of C$0.97 and a 1 year high of C$2.29. The company’s 50 day moving average price is C$2.00.

Pan Orient Energy (CVE:POE) last released its earnings results on Wednesday, May 15th. The oil and natural gas company reported C($0.02) EPS for the quarter. On average, sell-side analysts predict that Pan Orient Energy Corp. will post 0.0199087 EPS for the current fiscal year.

About Pan Orient Energy

Pan Orient Energy Corp., together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Thailand, Indonesia, and Canada. It holds interests in the concession L53/48 located in west of Bangkok, Thailand; the East Jabung production sharing contract located in South Sumatra, Indonesia; and 78 sections of Sawn Lake Alberta Crown oil sands located in the central Alberta Peace River Oil Sands area.

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